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between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all …
Persistent link: https://www.econbiz.de/10011083422
, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This … improvement is not due to selection effects but rather due to product-level productivity effects. The model predicts that …
Persistent link: https://www.econbiz.de/10005661628
A model of heterogeneous firms with variety-specific fixed costs is developed and analyzed to study how multiproduct firms respond to globalization. In contrast with most existing models, the analysis demonstrates that more-productive firms may expand their product scope, which in turn may push...
Persistent link: https://www.econbiz.de/10010906904
region productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006 … regions from both ends of the productivity distribution. Firms with high capital intensity and high productivity as well as … firms with very low productivity and low capital intensity tend to relocate to the core. We use Japanese micro data to …
Persistent link: https://www.econbiz.de/10010785296
productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more … intensive. As a result, our model can produce sorting to the large regions from both ends of the productivity distribution …. Firms with high capital intensity and high productivity as well as firms with very low productivity and low capital …
Persistent link: https://www.econbiz.de/10008784724
small losses to Armenia primarily due to a loss of productivity from lost varieties of technologies from the Rest of the … productivity effects …
Persistent link: https://www.econbiz.de/10009406930
with Dixit-Stiglitz endogenous productivity effects from additional varieties. They specify a numerical model, with …
Persistent link: https://www.econbiz.de/10011386602
markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
Persistent link: https://www.econbiz.de/10014025385
elasticity and multiple asymmetric regions, in which trade integration induces wage and productivity changes. Using Canada … productivity. Given the estimated parameter values, we first decompose ‘border effects’ into a ‘pure’ border effect, relative and … Canada-US border on regional market aggregates such as wages, productivity, markups, the mass of varieties produced and …
Persistent link: https://www.econbiz.de/10005061476
This paper compares two policies: trade cost reduction and firm relocation cost reduction using a three-country version of a heterogeneous-firms economic geography model, where the three countries have different market (population) size. We show how the effects of the two policies differ, in...
Persistent link: https://www.econbiz.de/10008784755